Federation Oil Earnings Slump By ₦78.7bn Despite Rising Prices - Politics (2)

Federation Oil Earnings Slump By ₦78.7bn Despite Rising Prices - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › Federation Oil Earnings Slump By ₦78.7bn Despite Rising Prices (3176 Views)

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Re: Federation Oil Earnings Slump By ₦78.7bn Despite Rising Prices by NwokoloOwa: 3:39pm On May 17

Always one story or the other. All other oil producing nations are enjoying the fruits of higher prices of crude, our own has gone into stories as usual. If it is to increase products pump price, it becomes immediate with no story. If it is about taxes and payments by the citizens, no story, no ambiguity, But once it comes to benefit to the people, everything goes upside down.

So pathetic

Tufiakwa

Re: Federation Oil Earnings Slump By ₦78.7bn Despite Rising Prices by Kukutente23: 3:47pm On May 17

Lithiumite:
You deliberately ignored the part that said Nigeria won't be seeing the benefits of the oil windfall until about the 3rd quarter this year as already pre arranged oil futures contracts are still underway and will at least take sometime.

You also deliberately missed the part that mentioned govt receivables from NNPC increased by about 4% for March yoy......many of you are only reactionaries and don't have the mental capacity to adequately comprehend issues to make informed opinions......Nigeria will surely be in trouble with your ilk in power.

You mean there were no futures contracts when same FG was getting more than they are getting now from oil

Can you point out where in the article your claim of 4% yoy for March is? Mr that read the article.

We can already see the trouble we are with your likes in power with rotten sawa becoming a delicacy

Re: Federation Oil Earnings Slump By ₦78.7bn Despite Rising Prices by poiZon: 3:49pm On May 17

BrickandLace:
Come to the street.

The reforms are working, economy is booming

What do u know about economy...

Go concentrate on ur bend down work.

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Re: Federation Oil Earnings Slump By ₦78.7bn Despite Rising Prices by Lithiumite: 4:19pm On May 17

Kukutente23:
You mean there were no futures contracts when same FG was getting more than they are getting now from oil

Can you point out where in the article your claim of 4% yoy for March is? Mr that read the article.

We can already see the trouble we are with your likes in power with rotten sawa becoming a delicacy

This means that although the Federation received the entire PSC distribution in 2026, the amount was only N4.63bn higher than the N175.42bn direct Federation share received in Q1 2025 when the old deduction framework was still in place.

Re: Federation Oil Earnings Slump By ₦78.7bn Despite Rising Prices by BrickandLace(f): 4:23pm On May 17

poiZon:
What do u know about economy...

Go concentrate on ur bend down work.

Ok Sir !

1 Like

Re: Federation Oil Earnings Slump By ₦78.7bn Despite Rising Prices by Kukutente23: 4:47pm On May 17*

Lithiumite:

This means that although the Federation received the entire PSC distribution in 2026, the amount was only N4.63bn higher than the N175.42bn direct Federation share received in Q1 2025 when the old deduction framework was still in place.

So where is March there? Or you don't know the difference between a month and a quarter despite the detailed analysis in the article?
Mr I sabi pass the brethren

Re: Federation Oil Earnings Slump By ₦78.7bn Despite Rising Prices by IBB007(m): 4:53pm On May 17

Lol…we need a leader that’ll dismantle that NNPC…they’ve turned it to their personal atm

Re: Federation Oil Earnings Slump By ₦78.7bn Despite Rising Prices by mutvy: 4:58am On May 18

By January 2036,non will be left because Bola Ahmed Tinubu will have used it for reelection

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